Attachment Point Sample Clauses

Attachment Point. If the Ceding Insurer does not elect a Variable Reset, the Reset Agent will provide (a) an updated Attachment Point (“Updated Attachment Point”) to the nearest one million dollars such that the modeled projected exceedance probability is the highest percentage equal to or less than the Initial Modeled Projected Attachment Probability, (b) an updated Exhaustion Point (“Updated Exhaustion Point”) to the nearest one million dollars such that the modeled projected expected loss is the highest percentage equal to or less than the Initial Modeled Projected Expected Loss for the Layer for such Annual Risk Period and (c) an updated Insurance Percentage (“Updated Insurance Percentage”) equal to the Outstanding Principal Amount on the Payment Date immediately preceding the Reset Date divided by the Layer for such Annual Risk Period, provided, that such percentage will not be greater than 100%. If the Ceding Insurer elects a Variable Reset, the Reset Agent will provide (a) an updated Attachment Point designated by the Ceding Insurer and the modeled projected attachment probability, which shall be an amount equal to or less than the Max Modeled Projected Attachment Probability for such Annual Risk Period, (b) an updated Exhaustion Point designated by the Ceding Insurer and the modeled projected expected loss, which shall be an amount equal to or less than the Max Modeled Projected Expected Loss for the applicable Layer and such Annual Risk Period and (c) an updated Insurance Percentage equal to the Outstanding Principal Amount on the Payment Date immediately preceding the Reset Date divided by the Layer for such Annual Risk Period, provided, that such percentage will not be greater than 100%.
Sample 1
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Attachment Point. Frontier must specify the point of attachment on each Pole to be occupied by Municipality’s Attachments and Facilities and the SPA will communicate that attachment point to Municipality. Where Municipality and any other third party seek multiple Attachments and Facilities, Frontier will attempt, to the extent practical, to designate the same relative position on each Pole for each of Municipality’s Attachments and Facilities.
Sample 1
Attachment Point. ‌ The Attachment Point for a beneficiary will be equal to 12 times a PBPM attachment point that is prospectively established for the year based on the 99th percentile of the Shared Savings Expenditure PBPM accruing to the AD Benchmark by Reference Beneficiaries. An adjustment will be applied to a Beneficiary’s attachment point for each month of experience that the beneficiary accrues to the ESRD Benchmark. The ESRD Adjustment will be equal to the difference between the 99th percentile of the Shared Savings Expenditure PBPM accruing to the AD Benchmark and the 99th percentile of the Shared Savings Expenditure PBPM accruing to the ESRD Benchmark by Reference Beneficiaries. The Beneficiary’s attachment point will be adjusted to reflect the GSF of the county in which the Beneficiary resides in January of the Base or Performance Year.
Sample 1

Related to Attachment Point

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